According to the public record, 5, The Ridgeway, Romford is a mid-century house with 1,345 ft2 of internal area and sits on a 288 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Ridgeway, Harold Wood, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
5, The Ridgeway, Romford has no records in the Land Registry database and a single entry in the EPC database dated August 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 The Ridgeway Romford as £582,756 and the rental value as £2,314 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 5 The Ridgeway Romford has decreased by £15,713 (2.7%) and its rental value has increased by £72 per month (3.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, The Ridgeway, Romford is in very good condition we estimate a sale value of £611,894 and rental value of £2,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,963 and a rental value of £2,152 per month.
If you were able to purchase this property for the estimated value of £582,756, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,864 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 5, The Ridgeway, Romford sits on a plot of 288m2.
We have plot size data on 12 out of 26 other houses in the postcode and 5, The Ridgeway, Romford sits on the 11th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Ridgeway, Romford within a radius of 460 metres over the last 2 years.
The most recent example is 5, Arlington Gardens, Romford, RM3 0EA, a Freehold house which sold for £467,000 in Mar 2024.
Read more about house prices in RM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridgeway, Harold Wood, Romford, RM3 has a total of 56 addresses. According to our analysis of all the public data, 5, The Ridgeway, Romford is the 18th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £222k more expensive than the average property in RM3.
5, The Ridgeway, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 5, The Ridgeway, Romford is Harold Wood station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, The Ridgeway, Romford, 44.9% of property is privately owned with a mortgage and 40.4% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, The Ridgeway, Romford, 18.7% of residents are recorded as possessing school level qualifications and 39.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, The Ridgeway, Romford, the average age was 40.7 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, The Ridgeway, Romford, 1.1% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, The Ridgeway, Romford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.